DDC Enterprise and Animoca Brands Sign $100 Million Bitcoin Strategic Cooperation Memorandum of Understanding

On July 10th, according to official sources, $DDC Enterprise Limited (NYSE: $DDC) announced today that it has signed a non-binding Memorandum of Understanding (MoU) with Animoca Brands to jointly develop and implement a strategy to maximize the Web3 company's Bitcoin asset yield while managing related risks.

This Memorandum of Understanding establishes a strategic partnership where Animoca Brands will allocate up to $100 million in Bitcoin for a yield enhancement strategy operated by DDC. [BlockBeats]